Rhode Island Statutes

§ 45-10-5.3 — § 45-10-5.3. Failure to file audit report — Enforcement and penalty.

Rhode Island § 45-10-5.3
JurisdictionRhode Island
Title 45Towns and cities
Ch. 45-10Audit of Accounts and Installation of Systems

This text of Rhode Island § 45-10-5.3 (§ 45-10-5.3. Failure to file audit report — Enforcement and penalty.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
R.I. Gen. Laws § 45-10-5.3 (2026).

Text

§ 45-10-5.3. Failure to file audit report — Enforcement and penalty.

(a) Failure to file the duplicate audit report as prescribed in § 45-10-4 shall result in a sanction being imposed equal to ten thousand dollars ($10,000) per month or a monthly sanction equal to one-twelfth (1/12) of the product of one percent (1%) of the general revenue sharing funds received by the municipality from the state in the prior fiscal year, whichever is greater. This penalty shall be calculated from the due date of the audit or any approved extension date until the date the report is filed as required. The penalty funds shall be paid by the municipality to the general

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Legislative History

P.L. 2002, ch. 414, § 2.

Nearby Sections

15
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Bluebook (online)
Rhode Island § 45-10-5.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/45-10-5.3.